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TimePriceProjection

Time Price Projection

This indicator uses some proprietary mathematics and factors in the high and low of the candles formed from the selected reference candle till the latest candle nr. (or) till the user selected max future candle nr, to compute an projected price (range).


USER INPUT PARAMETERS
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1. Max Future Candle Nr- The candle nr to which you want to compute a price projection in the future
2. Direction- The direction of the projection, upswing or downswing.

Notes
* If wrong `Direction` is selected the indicator will not display any projection targets as price calculations will get inverted if direction is wrong
* Remember to select a `max future candle nr` that is nearest to the latest candle nr. label. For eg: if latest candle nr. formed (in realtime or during backtesting ) is 50 then select a projection for the 63 candle, and not further ahead candles like 80 or 100, as this will lead to inaccuracies.

The script will nevertheless display a warning if too high of a max future candle nr. is selected for a projection target

snapshot
Notes de version
Time Price Projection
=====================

This indicator uses some proprietary mathematics and factors in the high and low of the candles formed from the selected reference candle till the latest candle nr. (or) till the user selected max future candle nr, to compute an projected price (range).
For a demo, Check out this YouTube video

VISIT for access: starlighttrader.github.io/

User Input Parameters
====================
1. Max Future Candle Nr- The candle nr to which you want to compute a price projection in the future
2. Direction- The direction of the projection, upswing or downswing.

Notes
* If wrong `Direction` is selected the indicator will not display any projection targets as price calculations will get inverted if direction is wrong
* Remember to select a `max future candle nr` that is nearest to the latest candle nr. label. For eg: if latest candle nr. formed (in realtime or during backtesting ) is 50 then select a projection for the 63 candle, and not further ahead candles like 80 or 100, as this will lead to inaccuracies.

The script will nevertheless display a warning if too high of a max future candle nr. is selected for a projection target

snapshot

Clause de non-responsabilité